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15 December 2024 | 7 replies
Title company processes transaction and finalizes sale.
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15 December 2024 | 14 replies
You need comparable sales BEFORE you spend $175 or the appraisal will come low to your expectations.
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16 December 2024 | 23 replies
People have a hard enough time doing a BRRRR minus the air bnb portion and vice versa doing an air bnb minus the value add.
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19 December 2024 | 13 replies
I’ve used seller financing as both a buyer and a seller and it can make a lot of sense in certain circumstances (for example I used it as a buyer when I reached the maximum number of conventional loans I could get, and I’ve used it as a seller to both increase my net proceeds (due to collecting interest as “the bank” in addition to the sales proceeds) and to lessen my capital gains tax hit by spreading it out over a few years).
13 December 2024 | 4 replies
The average sale price for Condos in the NYC Metro area is $649,000 in the last 6 months.
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13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.
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14 December 2024 | 2 replies
The beauty of an Airbnb is you can offer it for sale while still renting it out.
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5 December 2024 | 1 reply
does anyone have a Sales agreement i can use between me and my friend who is buying my home?
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13 December 2024 | 1 reply
The mortgage company gets paid off first, then in a traditional sale, the rest minus agent fees and utilities and closing costs goes to the seller.
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12 December 2024 | 12 replies
Talk to lender to find out how to transfer assets without triggering due on sale clause.Did I get all that right?